Question

4. A cycle shop announces a 30% rebate on children's cycles. Balwinder, a Class VI student, likes a cycle with a marked price of 1,650. How much money will he have to pay for it?​

Answer 1

Answer:

Let the S.P.of one A grade cycle = Rs. n

Then, the S.P. of one B grade cycle = Rs.

4

3n

C.P. of 30 cycles = Rs. 3150, profit =40%.

∴ S.P. of 30 cycles =

100

140

×3150= Rs. 3150×1.4

According to the question, we have

8n+22×

4

3n

=3150×1.4

⇒32n+66n=17640

⇒98n=17640

⇒n=180

Therefore, he should sell the first grade bicycle at Rs. 180 each.